You owe him nothing, he isn't your friend, and he seems to dislike you based on your personal choices so I certainly wouldn't spend a single second worrying about his feelings.

Unless you are local or have ties there you can replicate what you can accomplish there in many other markets, especially if you are just buying based on price and rent.

REIAs are more speaker-based and sales-focused sometimes, with pitches, but can be great.

The IRS will look for a fact pattern on assigning FMV (if it were appraised by a qualified appraiser, for instance.

Just start looking for properties and let the property property decide if it wants to be a flip or a rental based upon then numbers. 

Thanks all,Preston Henman Define your buy box, which area , what price , what size , how to finance based on your risk capabilities.

It’ll help with the lack of affordable housing so maybe the city would play ball?

Don't "make a deal work", it either does or doesn't based on your criteria. 

That said, you do not have to accept damage to your premises by any tenant, so you are well within your rights to charge these tenants for the damages or move to evict or non-renew based on the damages. 

Dewey and Mayer - property values there are a low for a reason - pollution from mining - EPA has investigated (https://response.epa.gov/site/...) and I have spoken with several residents who were told by the EPA to not allow their dog or children to play outside in the dirt due to high levels of arsenic.